Azerbaijan vs Iceland: Vertical fiscal imbalance, Percent

Azerbaijan
-0.2522
in 2019
Iceland
-0.2346
in 2020
Azerbaijan rank
49th
Iceland rank
48th

Vertical fiscal imbalance, Percent over time

  • Azerbaijan
  • Iceland
-0.8-0.6-0.4-0.2-0199020052020

How they compare

Iceland currently reports -0.2346 against -0.2522 in Azerbaijan, a difference of 0.0176.

The two have swapped places 1 time across 12 shared years of data; in 2008 it was Iceland ahead.

Azerbaijan ranks 49th and Iceland ranks 48th of 64 countries.

Across the 2 decades both report, Azerbaijan averaged higher in 1 and Iceland in 1.

Head to head by decade

Decade Azerbaijan Iceland Difference Ahead
2000s -0.5951 0.0039 0.5991 Iceland
2010s -0.2996 -0.3867 0.0871 Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher vertical fiscal imbalance, percent, Azerbaijan or Iceland?
Iceland, at -0.2346 against -0.2522 in Azerbaijan as of 2020.
What is the difference in vertical fiscal imbalance, percent between Azerbaijan and Iceland?
0.0176, with Iceland ahead.
How many years of comparable data are there for Azerbaijan and Iceland?
12 years are reported by both, from 2008 to 2019.
How do Azerbaijan and Iceland rank globally for vertical fiscal imbalance, percent?
Azerbaijan ranks 49th and Iceland ranks 48th of 64 countries.
Where does this data come from?
International Monetary Fund, published as Vertical fiscal imbalance, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Iceland: Vertical fiscal imbalance, Percent. Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/vertical-fiscal-imbalance-percent-central-government/azerbaijan/iceland/

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About this data

Indicator
Vertical fiscal imbalance, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
64 places, 1,123 data points, 1989–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.